Faircourt Asset Management Inc. Announces Special Distribution for Investors
in Faircourt Resource Fund

    
    /THIS PRESS RELEASE IS NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER
    UNITED STATES WIRE SERVICES./
    

TORONTO , Sept. 29 /CNW/ - Faircourt Asset Management Inc., as General Partner (or Manager) of Faircourt Resource Fund Limited Partnership (the "Fund"), is pleased to announce that a Special Distribution of $0.25 per Limited Partnership Unit (the "Units") is payable to unit holders of record October 9, 2009 , and will be paid to Unit holders on October 20, 2009 .

The Special Distribution is payable as a result of improved liquidity in some of the funds positions and the strong performance in the Fund since the merger which took place effective June 29, 2009 , when the initial net asset value ("NAV") of the Fund was $5.00 .

%SEDAR: 00018592E

For further information: on the Faircourt Funds, please visit www.faircourtassetmgt.com or contact: Charles Taerk, President & CEO or Douglas Waterson, CFO and Portfolio Manager at [phone] or 1-800-831-0304